$3M for MongoLab

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San Francisco-based MongoLab, a spinoff of ObjectLabs, has raised $3 million in a funding round led by Boulder, CO-based Foundry Group, according to an announcement yesterday from Foundry. MongoLab offers hosting and support for companies using the MongoDB database system developed by New York- and Redwood Shores, CA-based 10gen. Baseline Ventures, GRP Partners, Freestyle Capital, and Bullet Time Ventures also participated in the round.